DoubleVerify(DV)

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Why DoubleVerify Stock Fell Off a Cliff This Week
The Motley Fool· 2024-05-10 22:49
The company didn't deliver with its inaugural set of quarterly figures for this year.One of the tech stocks more deeply in the red over the past few trading days was advertising technology specialist DoubleVerify Holdings (DV 0.32%). That's because it missed the average analyst estimate for profitability, reduced its guidance, and was socked with several price target cuts from prognosticators.Those factors were too great to overcome. According to data compiled by S&P Global Market Intelligence, DoubleVerify ...
Kirby McInerney LLP Announces Investigation of Shareholder Claims Against DoubleVerify Inc. (DV)
Newsfilter· 2024-05-09 21:40
NEW YORK, May 09, 2024 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP is investigating potential claims against DoubleVerify, Inc ("DoubleVerify" or the "Company") (NYSE:DV). The investigation concerns whether DoubleVerify and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices. [Click here to learn more about the investigation] On May 7, 2024, DoubleVerify announced its financial results for the first quarter of 2024, noting the ...
Investigation Into DoubleVerify Holdings, Inc. (DV) Announced by Holzer & Holzer, LLC
Newsfilter· 2024-05-08 20:07
ATLANTA, May 08, 2024 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC is investigating whether DoubleVerify Holdings, Inc. ("DoubleVerify" or the "Company") (NYSE:DV) complied with federal securities laws. On May 7, 2024, DoubleVerify announced its financial results for the first quarter of 2024, noting the Company was adjusting its "full-year 2024 guidance ranges to 17% revenue growth, and 31% adjusted EBITDA margins at the midpoints primarily due to uneven spending patterns among select large advertisers." Follo ...
Why DoubleVerify Stock Got Crushed Today
The Motley Fool· 2024-05-08 17:25
Why are certain customers pulling back on how much they're spending?Shares of advertising technology (adtech) company DoubleVerify Holdings (DV -39.63%) got crushed on Wednesday after the company reported quarterly financial results and reduced its full-year revenue guidance. As of noon ET, DoubleVerify stock was down a staggering 39%.Here's the real problemFinancial results for the first quarter of 2024 weren't bad at all for DoubleVerify. Management expected revenue of $140 million, at best, for the quart ...
DoubleVerify(DV) - 2024 Q1 - Earnings Call Transcript
2024-05-08 01:50
DoubleVerify Holdings, Inc. (NYSE:DV) Q1 2024 Earnings Conference Call May 7, 2024 4:30 PM ET Company Participants Tejal Engman - Senior Vice President, Investor Relations Mark Zagorski - Chief Executive Officer Nicola Allais - Chief Financial Officer Conference Call Participants Matt Swanson - RBC Capital Markets Andrew Boone - JMP Securities Arjun Bhatia - William Blair Tim Nollen - Macquarie Eric Sheridan - Goldman Sachs Omar Dessouky - Bank of America Michael Graham - Canaccord Mark Kelley - Stifel Just ...
Here's What Key Metrics Tell Us About DoubleVerify (DV) Q1 Earnings
Zacks Investment Research· 2024-05-08 00:30
DoubleVerify Holdings (DV) reported $140.78 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 14.8%. EPS of $0.04 for the same period compares to $0.07 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $138.01 million, representing a surprise of +2.01%. The company delivered an EPS surprise of +33.33%, with the consensus EPS estimate being $0.03.While investors closely watch year-over-year changes in headline numbers -- revenue and earni ...
DoubleVerify(DV) - 2024 Q1 - Quarterly Report
2024-05-07 20:15
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or Delaware 82-2714562 (I.R.S. Employer Identification Number) ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-40349 DoubleVerify Holdings, Inc. (Exact name of ...
DoubleVerify(DV) - 2024 Q1 - Quarterly Results
2024-05-07 20:12
Exhibit 99.1 DoubleVerify Reports First Quarter 2024 Financial Results Increased Revenue by 15% Year-over-Year to $140.8 Million, Driven by Global Growth in Social and CTV Measurement Achieved Net Income of $7.2 Million and Adjusted EBITDA of $38.1 Million, representing a 27% Adjusted EBITDA margin NEW YORK – May 7, 2024 – DoubleVerify ("DV") (NYSE: DV), one of the leading software platforms for digital media measurement, data and analytics, today announced financial results for the first quarter ended Marc ...
Ahead of DoubleVerify (DV) Q1 Earnings: Get Ready With Wall Street Estimates for Key Metrics
Zacks Investment Research· 2024-05-06 14:21
Wall Street analysts forecast that DoubleVerify Holdings (DV) will report quarterly earnings of $0.03 per share in its upcoming release, pointing to a year-over-year decline of 57.1%. It is anticipated that revenues will amount to $138.26 million, exhibiting an increase of 12.8% compared to the year-ago quarter.The current level reflects a downward revision of 4.4% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively rea ...
TrustArc Issues First-Ever Responsible AI Certification to DoubleVerify
Prnewswire· 2024-04-22 13:00
SAN FRANCISCO, April 22, 2024 /PRNewswire/ -- TrustArc, a leader in data privacy management and governance solutions, is proud to announce the first client to be certified under the newly launched TRUSTe Responsible AI Certification. This significant milestone underscores DoubleVerify's commitment to accountability, transparency, and responsible use of artificial intelligence (AI) across its operations. TrustArc Sets Industry Standard with Responsible AI Certification The TRUSTe Responsible AI Certification ...